Home / Knowledge / News / Textiles / PX, PTA & MEG prices slide in Asian markets
PX, PTA & MEG prices slide in Asian markets
22
Feb '13
Paraxylene (PX) prices declined in Asian markets. In S E Asian region, PX prices went down and were quoted in the range of US$ 1695/ton to US$ 1700/ton. In F E Asian market, PX prices were quoted at US$ 1675/ton. Prices of PX imported from Taiwanese market surged and were offered in the range of US$ 1710/ton to US$ 1715/ton.
 
PTA prices went down in the Asian region. In S E Asian market, PTA prices plunged and were assessed in the range of US$ 1165/ton to US$ 1170/ton. In F E Asian market, PTA prices were offered at US$ 1175/ton. Prices of PTA imported from Taiwanese market declined and were offered in the range of US$ 1185/ton to US$ 1190/ton. In the Chinese domestic market, PTA prices stayed stable and were quoted in the range of RMB 8550/ton to RMB 8600/ton.
 
Ethylene prices remained stable in Asian markets. In S E Asian market, Ethylene prices were steady and were offered in the range of US$ 1425/ton to US$ 1430/ton. In F E Asian region, Ethylene prices were stable at US$ 1370/ton. In the US market, Ethylene prices increased and were offered in the range of 62.00 cents/pound to 62.50 cents/pound. Ethylene prices increased in the European international and domestic markets, and were quoted at US$ 1525/ton and € 1165/ton, respectively.      
 
MEG prices decreased in Asia. In S E Asian region, MEG prices were offered at US$ 1150/ton. In China market, MEG prices declined and were offered in the range of US$ 1165/ton to US$ 1170/ton. In the Chinese domestic market, MEG prices kept unchanged and were quoted in the range of RMB 8500/ton to RMB 8550/ton.
 
In S E Asian region, BG PET Chips prices remained stable in the range of US$ 1570/ton to US$ 1600/ton and some deals were discussed in the range of US$ 1560/ton to US$ 1590/ton. In F E Asian market, selling offers were between US$ 1550/ton to US$ 1580/ton. In the Chinese market, BG PET Chips prices were stable at RMB 11500/ton.
 
In Korean market, FG PET Chips prices were steady in the range of US$ 1410/ton to US$ 1430/ton. In Indian market, FOB based prices were offered in the range of US$ 1420/ton to US$ 1460/ton. In the Chinese market, FG PET Chips prices were steady in the range of RMB 10900/ton to RMB 10950/ton.
 
PSF prices increased in Asian markets. In F E Asian market, PSF prices were offered at US$ 1695/ton. In S E Asian market, PSF selling prices were quoted at US$ 1595/ton. In the Chinese domestic market, PSF prices remained stable and were quoted in the range of RMB 11625/ton to RMB 11675/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices maintained steady trend and were quoted at RMB 11650/ton, RMB 13000/ton, and RMB 12075/ton, respectively. In export market, offers for POY, DTY, and FDY were stable at US$ 1605/ton, US$ 1785/ton, and US$ 1655/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search